DeepikaMehtaCFA

UCO BANK : CUP Pattern Formation..!

Long
NSE:UCOBANK   UCO BANK
5 Steps Analysis of UCO Bank

1. Banking Sector and PSU Banks are leading the market well. We had seen that from last week all Banking Stocks Performing well.
2. All PSU Banks are currently at value buying Levels.
3. Among them UCO Bank Performing well and on Daily TF we can see that Stock has made CUP Pattern Formation with high volume.
4. All Momentum Indicator like RSI on Daily, Weekly & Monthly Basis Showing Strength to going upside.
5. With the Support at 27.40 level can Enter at CMP & Upside move can see in coming week at 32 & 34 Levels.

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